News Knockout: Readers vote for the top real estate story of 2024

Will it involve the DOJ, the three-way agreement, the National Association of Realtors, alleged bad behavior or something else? You decide Inman’s top story of the year. Continue reading

Keller Williams heads to arbitration in second John Davis lawsuit

The case is part of a long-running legal battle between Davis, an ex-CEO of Keller Williams, and his former employer. An earlier case Davis filed against KW was also ordered into arbitration. Continue reading

Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford

Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading

Keller Williams and Gary Keller face new allegations in lawsuit

An amended complaint from former Keller Williams CEO John Davis now accuses the company and its co-founder of embezzlement. Continue reading

Keller Williams cuts profit sharing for agents who fled to competitors

The franchisor will drastically slash profit share for “vested KW agents who actively compete with our brokerages” unless they return within six months, Keller Williams President Marc King said Tuesday. Continue reading

The 2 ‘buzzwords’ Keller Williams’ Marc King wants agents to master

Keller Williams President Marc King told Inman he wants KW agents to sharpen their lead generation and conversion strategies as the brokerage’s annual Agent Mega Camp hits Austin this week. Continue reading

Keller Williams’ global footprint soars as domestic sales slide 27%

Continued market volatility pushed Keller Williams’ first-quarter U.S. and Canadian transaction sides down 27.1 percent annually. Meanwhile, its KW Worldwide operations soared with double-digit growth, according to its Q1 earnings report. Continue reading

KW franchisees accuse Gary Keller of ‘illicit tactics’ in new lawsuit

Market center owners Colleen and Bart Basinski claim Keller Williams CEO Gary Keller and others targeted them after they resisted market cap policies and supported ex-CEO John Davis. Continue reading

Keller Williams’ sales dip in US as agent count takes big leap overseas

Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage. Continue reading